Press release
Smart Fabrics and Textiles Market 2021 | Industry Growth Production Analysis, Key Market Plans, Supply-Demand, Share and Size Elements and Recent Developments
Market Intelligence Data has released a new report on the global “Smart Fabrics and Textiles market”. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical results and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Smart Fabrics and Textiles market industry and its framework.The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Textronics, Milliken, Toray Industries, Peratech, DowDuPont, Clothing+, Outlast, d3o lab, Schoeller Textiles AG, Texas Instruments, Exo2, Vista Medical Ltd., Ohmatex ApS, Interactive Wear AG
Recent Developments
In July 2021, DuPont has acquired Laird Performance Materials, a leading company engaged in offering high-performance electromagnetic shielding and thermal management solutions.
In February 2021, DuPont has acquired Tex Tech’s Core Matrix Technology, a monolithic fabric structure that can significantly reduce backface trauma, while increasing ballistic and fragmentation performance for military and law enforcement personnel. This acquisition will add to the company’s already robust portfolio of life protection solutions, enabling the most flexible, lightweight ballistic solutions to meet new standards of the National Institute of Justice (NIJ) for enhanced durability. In addition to enhanced protection, the new technology also increases the comfort of wearing bullet-resistant body armour.
In January 2019, Interactive Wear joined the i-compression project under which it is working with research and industrial partners to develop and demonstrate a sensor-driven TENS application (Transcutaneous Electrical Nerve Stimulation) to help people suffering from chronic venous insufficiency. The aim of the project is to develop a compression stocking with an integrated actuator and motion sensor technology.
The Global Smart Fabrics and Textiles Market Size is Projected to Reach at a CAGR of 24% during 2021-2027.
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Covid-19 Impact and Recovery Analysis:
The number one goal of this Smart Fabrics and Textiles Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Smart Fabrics and Textiles market document.
Smart Fabrics and Textiles Market Segmentation by Type:
Military
Civil
Healthcare
Others
Smart Fabrics and Textiles market Segmentation by Application:
Passive Smart Fabrics and Textiles
Active Smart Fabrics and Textiles
Ultra-Smart Fabrics and Textiles
North America accounts for the largest market size during the forecast period.
North America accounted for the largest market size of the smart textiles market. The high demand for smart textiles in the US, especially from the military and protection, healthcare, and sports and fitness verticals, is one of the key factors that has led to the dominant position of the North American smart textiles market. Besides, several key smart textile manufacturers such as DuPont (US), Gentherm (US), Sensoria (US), Alphabet (US), and Jabil (US) are based in North America, which is positively impacting the growth of the regional market
Regional Smart Fabrics and Textiles Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Smart Fabrics and Textiles Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Smart Fabrics and Textiles Market
– Strategies of key players and product offerings
– Potential and niche segments/regions are exhibiting promising growth.
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The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Smart Fabrics and Textiles industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the anticipated value of the Smart Fabrics and Textiles marketplace during the forecast period?
Customization:
The Global Smart Fabrics and Textiles Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
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